Property Map
Street View
Courtesy of LIV Sotheby’s International Realty {attribution_contact}
Description
Update: offers due by 2:00 p.m. Saturday November 16th* Don’t miss this incredible investment opportunity in Cherry Creek Schools! This spacious 4-bedroom, 3-bathroom home offers over 2800 sq ft, including 2000 sq ft above grade, and is ready for renovation to unlock its full potential. With a minimum projected after-repair value (ARV) of $550,000, this property is perfect for investors seeking a profitable fix-and-flip or a rewarding rehab-and-hold project. This home truly has “good bones,” including a 2 car garage and brand-new Class 4 impact-resistant roof and LeafGuard gutters installed in May 2024. The traditional 2-story layout features a large and versatile main floor with endless possibilities for reconfiguration. The kitchen has been partially renovated and expanded, featuring newer stainless appliances and a custom wood ceiling. Upstairs, you’ll find a vaulted primary suite with dual closets and an ensuite bath with a skylight, plus three additional spacious bedrooms. Laundry is conveniently located on the upper level, and the newer washer and dryer are included in the sale. The unfinished basement offers significant value-add potential, providing the opportunity to transform this property into a 5-bedroom, 4-bathroom home. Sitting on a 9500+ sq ft lot, this yard and curb appeal have amazing potential. This property is located in the desirable Cherry Creek Schools district, adding to its appeal for future buyers. With the spring market approaching, the timing is ideal to start this profitable project this year and have it market-ready right as prime selling season begins* The seller seeks “As-Is” cash or hard money offers with a quick closing and a rent-back until December 15th. Offers should also include terms allowing the seller to leave any and all personal property, both inside and out. Bring your vision and tools to transform this property into its next chapter!
Property Details and Features
Appliances & Equipment
- “Dishwasher”, “Disposal”, “Dryer”, “Microwave”, “Oven”, “Range”, “Refrigerator”, “Washer”
Basement
- Basement
- “Interior Entry”, “Partial”
- Bathrooms: 0
- Bedrooms: 0
Bathrooms
- 3 total baths
- 1 half bath
- 1 3/4 bath
- 1 full bath
- 1 bathroom on the main level
- 2 bathrooms on the upper level
Bedrooms
- 4 total bedrooms
- 4 bedrooms on the upper level
Building
- Above Grade Finished Area: 2060
- Below Grade Finished Area: 0
- Below Grade Unfinished Area: 780.00
- Common Walls: “No Common Walls”
- Construction Materials: “Brick”, “Frame”
- Levels: “Two”
- Living Area: 2060
- Occupant Type: Owner
- Room Count: 12
- Structure Type: “House”
- Total Area: 2840
- Built in 1982
Cooling
- Cooling: “None”
Disclosures
- Attribution Contact: krussell@livsothebysrealty.com,303-521-7165
- Exclusions: Seller`s personal property
- Restrictions Covenants
- Restrictions Covenants: Other
Fence
- Fencing: “Full”
Fireplaces
- 1 fireplace
- Fireplace Features: “Wood Burning”
Floors
- Flooring: “Carpet”, “Tile”
Garage
- Attached Garage
- 2 garage spaces
Heating
- Heating: “Forced Air”, “Natural Gas”
Home Owner’s Association
- Association Fee Total Annual: $0
- Association Fee Annual: 0.00
- Association Fee 2 Annual Expense: 0.00
- Association Fee 3 Annual Expense: 0.00
Interior Features
- Features: “Ceiling Fan(s)”, “Entrance Foyer”, “Primary Suite”, “T&G Ceilings”, “Vaulted Ceiling(s)”
Listing
- Listing Id: REC1554671
- Standard Status: Pending
- Mls Status: Pending
- Contingency: None Known
- Listing Contract Date: 2024-11-13
- Listing Terms: “Cash”
- Off Market Date: 2024-11-16
- Original List Price: $415,000
- Special Listing Conditions: “None”
Location
- County Or Parish: Arapahoe
- Subdivision Name: Summer Valley
Lot
- Acres: 0.22
- Area: 9453
- Features: “Level”
- Parcel Number: 031609691
- Square Feet: 9453
Energy Saving
- Green Verification Count: 0
Owner Pays
- Ownership: Individual
Parking
- Parking Total: 2
- Carport Spaces: 0
- Offstreet Spaces: 0
- Reserved Spaces: 0
- RV Spaces: 0
- Parking Count: 1
Possession
- “Negotiable”, “See Remarks”
Property
- Livable Structure Count: 0
- Out Building Count: 0
- Property Condition: “Fixer”
- Property Sub Type: Single Family Residence
Roof
- Roof: “Composition”
Schools
- Elementary School: Summit
- Elementary School District: Cherry Creek 5
- Middle Or Junior School: Horizon
- Middle Or Junior School District: Cherry Creek 5
- High School: Smoky Hill
- High School District: Cherry Creek 5
Sewer
- Sewer: “Public Sewer”
Taxes
- Annual Amount: 2331
- Legal Description: LOT 3 BLK 4 SUMMER VALLEY SUB 12TH FLG
- Tax Year: 2023
Utilities
- Power Production Count: 0
- Water Included
- Water Source: “Public”
Windows
- Window Features: “Skylight(s)”